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Kajal Synthetics & Silk Mills informs about disclosure

16 Apr 2025 Evaluate
As per Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 every listed company shall submit ‘Disclosure of the Related party transactions’ on-the date of publication of its Standalone and consolidated financial results for the half year, Kajal Synthetics & Silk Mills has informed that a per Regulation 15(2)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Regulation 23(9) is applicable to only those listed entities having Equity paid up capital exceeding Rs. 10.00 Crores and New Worth exceeding Rs. 25.00 Crores. The Paid up Equity Capital and Net worth of the Company as on March 31, 2024 (latest audited balance sheet) was Rs. 199.20 Lakhs and negative (Rs. 576.72 Lakhs) respectively, which does not exceed the above threshold limits. The Company, therefore, is not required to submit ‘Disclosure of Related Party Transactions’ as per Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 

The above information is a part of company’s filings submitted to BSE.


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